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ARTICLE · 10 JULY 2023

FTC And DOJ Propose Rules To Redesign And Expand HSR Act Filing Process

Taft, Stettinius & Hollister LLP
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On June 27, the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) announced proposed changes to the premerger notification form...

United StatesAntitrust/Competition Law
Nancy C. Aiken
Nancy C. Aiken
Jeanne M. Cors
Jeanne M. Cors
Daniel R. Warncke
Daniel R. Warncke
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On June 27, the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) announced proposed changes to the premerger notification form and the premerger notification rules implementing the Hart-Scott-Rodino Antitrust Improvements Act (the HSR Act). The proposed rule would also implement the Merger Filing Fee Modernization Act of 2022 which requires agencies to collect information on subsidies received from certain foreign governments or entities that are strategic or economic threats to the United States.

The proposed changes are the most significant since the adoption of the HSR Act and are aimed at improving the efficiency of the premerger review process during the initial 30-day review period.

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